J. Alexander's Corp. (JAX) Is Up Sharply Following Q4 Report

3/16/2012 9:36 AM ET

J. Alexander's Corp. (JAX: Quote) reported fourth quarter net income of $0.06 per share Friday morning, compared to $0.08 per share last year. The company expects to report first quarter EPS between $0.34 and $0.39.

J. Alexander's Corp. gapped open higher Friday and is now up 1.33 at $8.23 on above average volume. The stock has broken out to a new high for the year.